Paramount Skydance talking to Apollo, buyout firms to join possible $60B Warner Bros. Discovery bid: sources
1. David Ellison is potentially bidding $60 billion for Warner Bros. Discovery. 2. Apollo Global Management is a leading investor in the bid for WBD. 3. Uncertainty exists around funding; Ellison may need financial support from outside. 4. WBD's CEO plans a separation into streaming and cable business units. 5. Market analysts express skepticism over the deal moving forward soon.